AUL 0.00% 28.5¢ austar gold limited

announcment out now, placemnet, , page-10

  1. 4,289 Posts.
    Colin said

    "we would expect a new cr very soon this one wont last long"

    and for once I agree.

    Tiny Cr and won't last long.

    How will the Co survive longer than a month or 2 on that considering that Norton needs to be paid for very soon?

    Perhaps the answer lies in this part of the announcement -

    "The Company notes however, that it continually explores ways to increase the value of its assets and, to
    that end, is in confidential negotiations with potential investors/partners concerning the Company’s coal
    projects. These negotiations target accelerated development of the Company’s coal assets and value
    creation thereof. The potential counterparties include both domestic and offshore entities."

    I sure hope so!!!!!!!!!!!

    cheers and good luck all

    B Rubes
 
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